Resilience and Sustainability Facility—Updated Operational Guidance Note
Author:
International Monetary Fund. Strategy, Policy, & Review Department
International Monetary Fund. Strategy, Policy, & Review Department Search for other papers by International Monetary Fund. Strategy, Policy, & Review Department in Current site Google ScholarClose
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International Monetary Fund. Finance Dept.
International Monetary Fund. Finance Dept. Search for other papers by International Monetary Fund. Finance Dept. in Current site Google ScholarClose
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International Monetary Fund. Legal Dept.
International Monetary Fund. Legal Dept. Search for other papers by International Monetary Fund. Legal Dept. in Current site Google ScholarClose
This note provides general guidance on Resilience and Sustainability Facility (RSF) operations, including for arrangement requests and reviews. The RSF provides longer-term, affordable financing to members to help them address risks to prospective BOP stability stemming from longer-term macro critical structural challenges from climate change and pandemic preparedness. The note has benefited from early experience gained during the operationalization of the RSF; the outcome of the May 2024 RST Interim Review; the launch of the Enhanced Cooperation Framework for Scaled Up Climate Action with the World Bank; and the approval of Broad Cooperation Principles on Pandemic Preparedness in RSF operations with the World Bank and the World Health Organization.